Edit Levy Definition

Navigate:Tax > Levy Management > Tax Rate Calculation > Levy Groups > Search for Levy Groups > [Next] > Edit Levy Definition

OR

Tax > Levy Management > Levy Maintenance > Levy Groups > Search for Levy Groups > [Next] > Edit Levy Definition

Description

Select the attributes, including tax authority funds and levy modifiers, which define a levy. The tax year of the levy definition is displayed. If you want to create a levy definition for a different tax year, return to the previous screen to select the year.

If you selected multiple levies on the previous screen, the first one is displayed and the others are available in the work list.

SETUP: See Levy Management, Levy Management Setup, and Tax Rate Calculation for any applicable prerequisites, dependencies and setup information for this task.

Steps

1. Enter a Name and Description for the levy.

   1. Select the Levy basis type, Amount type, and Source county.
      
      NOTE: Each levy must have a unique combination of basis type, amount type, and source county.

2. Select the Levy level or either tax authority, tax authority fund (TAF), or tax authority group (TAG); for the tax authority or TAG level, select the Levy value type that will identify the levy in Levy Maintenance and Rate Calculation.

3. Set up the Tax authority funds which will be used for this levy.

   • Select the Fund category from dropdown list in the Tax Authority Funds panel header to display funds of that category in the list.

   • Select the checkbox for each fund to include and select the Value Basis for each fund.
     
     NOTE: You can select a default value basis from the list, check the checkbox next to Value Basis, and click Apply to copy that value type to all selected funds.  Or, you can check the Apply Basis checkbox associated with the specific funds to which you want to apply the value basis and click Apply. A popup confirmation is displayed. Click OK to proceed.

   • Click Exclude Tags to go to the Exclude TAGs from Levy Funds screen if certain tax authority groups associated with any of the selected funds should not be included in the levy.

   • Click TAF Setup to go to the Set Up Levy TAF Rate Value Types screen to define the rate value types which will be used when calculating tax rates from this levy.

4. Set up any Modifiers which will be used to change a levy request or rate calculation when using this levy.

   • Select the checkbox for each modifier to include and select the Modifier type which indicates whether this modifier will affect a levy request or rate calculation.

   • For each selected modifier, select the Modifier action which determines what calculation will occur when the modifier is applied.

   • Select the Apply order for each included modifier.

   • Click Funds to go to the Select Levy Modifier Funds screen to select the funds each modifier will apply to.

5. Click Save to save the levy.

   • Click List to return to the Search for Levies screen.

   • Click Close to end the task.

Tips

Use the work list tab on the sidebar to select another levy to set up.

Levy modifiers are value types which are set up by your (Undefined variable: Variables.Implementation).